Issuance drop seen as temporary, but now unlikely to regain 2019 levels
Huge jump in credit loss provisions slashes Q2 earnings
A slow recovery could drive credit losses that pressure insurers
Surge in trading activity helps offset many negative effects of Covid-19
Current challenges facing large pension funds are generally viewed as temporary
A report from DBRS details a range of economic outcomes, depending on how the pandemic plays out
Final payout condition is contagion rates in developing markets
Canadian shadow bank growth has been robust, stoking systemic risk
Fiscal policy can't end a pandemic, but it can enable the eventual recovery
A strong balance sheet provides capacity to absorb a large negative shock